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    OFF-MARKET
    Retail properties & Spaces

    154 Broadway, Somerville, MA 02145

    30,000 SF Built 2024
    Property ID
    Property summary
    AI-generated overview

    This exceptional 30,000 square foot, five-story building, constructed in 2024, offers a unique opportunity for businesses seeking modern office space in a vibrant location. Located within Somerville's newest luxury mixed-use apartment complex, The Guild, this property boasts 4,100 square feet of immediately available space, divisible to a minimum of 2,050 square feet and a maximum contiguous space of 4,100 square feet. The space is situated on the ground floor, providing excellent street visibility and accessibility. The building features two total suites. Its prime location offers exceptional visibility, high car and foot traffic, and proximity to major transportation arteries. Less than a mile from the planned Union Square development (3.6 million square feet of biotech/lab space and 1,000 new residences), this property benefits from its strategic position near public transportation, including bus lines and the Green Line extension, and easy access to Sullivan Square, Union Square, and Route 93. The property is also minutes from Assembly Row and Boston. Leasing rates start at $30 per square foot, with lease terms to be negotiated. The space is adaptable and can be customized to suit tenant needs. This is an unparalleled opportunity to establish a presence in a thriving, rapidly developing area.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 2024
    Total area 30,000 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Construction Managers/Devlprs Construction Company General Contractor
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
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    Permitted uses
    Allowed · conditional · prohibited
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